## **LIVEKIND**
Charity Incorporated Organisation (C.I.O)
Annual Report & Financial Statement
For the year ended
## 30 October 2022
Registered Charity No: 1164237
1
**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
## **LIVEKIND**
Year Ended 30th October 2022
## **Principal address:**
C/o Venturing Associates Ltd 103 Friern Barnet Road London N11 3EU
## **Trustees:**
JUDITH CLEGG CHRISTIAN HUNT SIMON SHAW
## **Governing document**
The organisation is operated under the rules of its constitution.
## **Bankers:**
HSBC
## **Accountant**
AIMS Accountants for Business Chartered Certified Accountant 103 Friern Barnet Road London N11 3EU
2
**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
**LIVEKIND**
## **FINANCIAL ACCOUNTS**
## **FOR YEAR ENDED 30th OCTOBER 2022**
## **CONTENTS**
Pages
- 4-6. Trustees Report
7. Receipts and Payments
8. Statement of Assets and Liabilities
## 9-10. Notes to the Accounts
3
**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
## **LIVEKIND**
## **Report of the Trustees for the year ended 30 October 2022.**
## **Trustees and Their Responsibilities**
Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases.
Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.
LiveKind Trustees are pleased to present their annual report and financial statements for the year ended 30th October 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP 2005) (Accounting Standards Charities Act 2011).
## **Principle Objects**
## **A. Gender Inequality and Gender-Based Violence**
To help relieve the mental and physical sickness of persons globally suffering from the impacts of gender inequality and gender-based violence by the provision of counselling and support for such persons. To advance the education of the public in the subject of gender equality and the prevention of gender inequality and gender-based violence.
For the public benefit to promote the education (including social and physical training) of people impacted or potentially impacted by gender inequality, globally, in such ways as the charity trustees think fit, including by:
- Awarding to such persons, scholarships, maintenance allowances or grants tenable at any university, college or institution of higher or further education.
- Providing their education (including the study of music or other arts), to undertake travel in furtherance of that education or to prepare for entry to any occupation, trade or profession on leaving any educational establishment.
## **B. Animal Welfare**
To promote humane behaviour towards animals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment, poor circumstances or ill-usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals.
For the benefit of the public to relieve the suffering of animals in need of care and attention and, in particular, to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals.
## **C. Conservation and the Environment**
To promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment. To advance the education of the public in the conservation, protection and improvement of the physical and natural environment.
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**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
## **D. Grant Making**
To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time in particular, but not limited to, advancing the objectives above by making grants and awards to UK and international charities, NGO’s and community organisations.
## **Mission Statement**
LiveKind’s core values are those of Ahimsa. All LiveKind activities must be carried out in accordance of Ahimsa principles. For the purposes of clarity Ahimsa is a term meaning ‘compassion’ and ‘not to injure’. Ahimsa is also referred to as non-violence. Ahimsa means to cause no harm and it applies to all living beings including all animals as well as people. For this reason, LiveKind will only support the provision of vegetarian food and product in people, projects and activities that we support.
## **Activities and Achievements**
During the year, the trustees continued to research and evaluate opportunities to make final grants and disbursements prior to closing the charity. However, they were unable to identify a project or projects to which they felt it was appropriate to make final grants and disbursement. No new projects were therefore funded during the year. The trustees have resolved that they will to seek projects to make final grants and disbursements before closing the charity in the next financial year.
## **Structure, Governance and Management**
LiveKind is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution, dated 3[rd] November 2015.
Membership of the CIO is currently held by the Trustees. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
The trustees who served during the year are shown on page 2 of this report.
## **Risk Management**
The Trustees review risks relevant to the charity as part of their governance processes. Any material risks identified are discussed and decisions made on potential mitigation.
## **Reserves Policy and Going Concern**
The Board has assessed the charity’s requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level, which ensures that LiveKind’s core activity could continue during a year of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.
## **Public Benefit**
The Trustees confirm that they have complied with their duty under the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.
## **Related Parties and Co-operation with Other Organisations**
None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with its members must be disclosed
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**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
to the full board of trustees in the same way as any other contractual relationship with a related
party. In the current year no such related party transartions were reported.
Volunteers
LiveKind relies on voluntary help,. we wish to thank our volunteers for their loyal support and
contribution.
Internal and External Factors
The trustees are very 8rateful to the donors for their kind support.
Future Plan
In 2023124, the trustees have resolved to seek projecrs to make final grants and disbursements
before closin8 the charity in the next financial year.
Slgned on behalf of all members
Msjudi
(Chairperson)
LIVEKIND Annual Report and Finan¢ral Staternent
Re8lstered Charity No.. 1164117
|**LIVEKIND**
**RECEIPTS & PAYMENTS FOR THE YEAR ENDED 30 OCTOBER 2022**
**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**Funds**
**2022**
**Total**
**Funds**
**2021**
£
£
£
£
**INCOMING RESOURCES**
Donations and legacies
1,752
0
1,752
1,444
HMRC Charity Credit
7
0
7
40
**TOTAL INCOMING RESOURCES**
**1,759**
**0**
**1,759**
**1,484**
**RESOURCE EXPENDED**
**Expenses on charitable activities**
Grants and supply of provisions to
fund/support the LiveKind Kibera
Project
0
0
0
**Expenses on support and**
**administration**
Accounting and software
1,064
1,064
380
Banking and finance
53
53
0
**TOTAL RESOURCES EXPENDED**
**1,117**
**0**
**1,117**
**380**
**Net Incomings and Outgoings**
**642**
**0**
**642**
**1,104**
**Balance Brought Forward**
**13,329**
**6**
**13,329**
**12,225**
**Balance as at 30 October 2022**
**13,971**
**6**
**13,977**
**13,329**|**LIVEKIND**
**RECEIPTS & PAYMENTS FOR THE YEAR ENDED 30 OCTOBER 2022**
**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**Funds**
**2022**
**Total**
**Funds**
**2021**
£
£
£
£
**INCOMING RESOURCES**
Donations and legacies
1,752
0
1,752
1,444
HMRC Charity Credit
7
0
7
40
**TOTAL INCOMING RESOURCES**
**1,759**
**0**
**1,759**
**1,484**
**RESOURCE EXPENDED**
**Expenses on charitable activities**
Grants and supply of provisions to
fund/support the LiveKind Kibera
Project
0
0
0
**Expenses on support and**
**administration**
Accounting and software
1,064
1,064
380
Banking and finance
53
53
0
**TOTAL RESOURCES EXPENDED**
**1,117**
**0**
**1,117**
**380**
**Net Incomings and Outgoings**
**642**
**0**
**642**
**1,104**
**Balance Brought Forward**
**13,329**
**6**
**13,329**
**12,225**
**Balance as at 30 October 2022**
**13,971**
**6**
**13,977**
**13,329**|**LIVEKIND**
**RECEIPTS & PAYMENTS FOR THE YEAR ENDED 30 OCTOBER 2022**
**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**Funds**
**2022**
**Total**
**Funds**
**2021**
£
£
£
£
**INCOMING RESOURCES**
Donations and legacies
1,752
0
1,752
1,444
HMRC Charity Credit
7
0
7
40
**TOTAL INCOMING RESOURCES**
**1,759**
**0**
**1,759**
**1,484**
**RESOURCE EXPENDED**
**Expenses on charitable activities**
Grants and supply of provisions to
fund/support the LiveKind Kibera
Project
0
0
0
**Expenses on support and**
**administration**
Accounting and software
1,064
1,064
380
Banking and finance
53
53
0
**TOTAL RESOURCES EXPENDED**
**1,117**
**0**
**1,117**
**380**
**Net Incomings and Outgoings**
**642**
**0**
**642**
**1,104**
**Balance Brought Forward**
**13,329**
**6**
**13,329**
**12,225**
**Balance as at 30 October 2022**
**13,971**
**6**
**13,977**
**13,329**|
|---|---|---|
|||**Unrestricted**
**Fund**
**Restricted**
**Fund**
**Total**
**Funds**
**2022**
**Total**
**Funds**
**2021**
£
£
£
£
1,752
0
1,752
1,444
7
0
7
40|
|||**1,759**
**0**
**1,759**
**1,484**|
|||0
0
0
1,064
1,064
380
53
53
0|
|||**1,117**
**0**
**1,117**
**380**|
|||**642**
**0**
**642**
**1,104**|
|||**13,329**
**6**
**13,329**
**12,225**|
||||
|||**13,971**
**6**
**13,977**
**13,329**|
(The notes form part of this account)
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**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
LIVEKIND
Charlty Number: 1164237
Statement of Assets & Liabllltles as at 30th October 2022
rlrtd
Funds
Funds
2022
Funds
2021
Funds
Cash at bank- Current
Accrued donation
Accrued expenses
13,971
561
15101
13,977
561
15101
13,329
18501
TOTAL FUNDS
14.022
14.028
13,327
Llablllt1.
None
The accounts were approved by the Trustees on 7 December 2023 and signed on their
behalf by'.-
Ms Judith Cle88
(Chairperson)
VEND Annual Report and Flnanclal Statement
Re¥tered (ty No: 1164237
## **LIVEKIND**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30th OCTOBER 2022**
## **1. Accounting Basis**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
- a) Basis of preparation
- b) The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. LiveKind meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
- b) Reconciliation with previous Generally Accepted Accounting Practice In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was needed. No restatements were required.
- c) Preparation of the accounts on a going concern basis The Charity trustees are of the view that measures taken in reviewing organisational costs regularly and successful in applying for continuation funding have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern.
## **2. Cash Flow Statement**
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.
## **3. Incoming Resources**
All incoming resources are included in the Receipts and Payments when the organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **4. Resource Expendable**
All expenditure is accounted for on a cash basis and has been included under expenses categories that aggregate all costs for allocation to activities.
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**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**
## **5. Tangible Fixed Assets**
There is no fixed asset to be depreciated.
## **6. Trustees Remuneration**
The Trustees were not remunerated.
## **7. Governance and Support Costs**
Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, and governance costs which support the Charity activities. Many support and governance costs e.g. website costs are paid for directly by a Limited Company donor. This donor also makes additional donations which cover all remaining support costs e.g. bank/finance charges etc.
## **8. Fund Accounting**
Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.
## **9. Taxation**
LiveKind is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.
## **10. Pension Costs and Other Post-Retirement Benefits**
None
## **11. Status**
LiveKind is a registered Charitable Incorporated Organisation.
## **12. Restricted Fund Analysis**
|Various Donations|**Balance**
**b/f**
**Incoming**
**resources**
**Outgoing**
**resources**
**Balance at**
**30th October**
**2022**
**£**
**£**
**£**
**£**
6
0
0
6|
|---|---|
||**6**
**0**
**0**
**6**|
## _Purpose of restricted fund:_
_Donations were received from individual donors, which were spent in accordance with the restrictions requested by the donors. In the opinion of the trustees, expenditure of this kind is consistent with the stated objectives of the charity._
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**LIVEKIND Annual Report and Financial Statement**
**Registered Charity No: 1164237**